Hannibal Square Community Land Trust Inc.
Hannibal Square Community Land Trust Inc.
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About this organization
Mission
The organization is operated exclusively for charitable & educational purposes to provide opportunities for very-low, low-, and moderate-income families to secure housing within community redevelopment areas in the central Florida region (Lake, Orange, Osceola, and Seminole counties and their respective municipalities) that is decent and affordable and that is controlled by the residents on a long-term basis.
About
The organization has obtained real property that it leases to qualified buyers on a 99 year land lease. The buyer is able to afford to purchase the home by removing the often prohibitive cost of the land from the purchase equation.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “The organization is operated exclusively for charitable & educational purposes to provide opportunities for very-low, low-, and moderate-income families to secure housing withing community redevelopment areas in the central florida region (lake, orange, osceola, and seminole counties and their respective municipalities) that is decent and affordable and that is controlled by the residents on a long-term basis.”.
When referring to its actions, they were outlined as: “The organization is operated exclusively for charitable & educational purposes to provide opportunities for very-low, low-, and moderate-income families to secure housing withing community redevelopment areas in the central florida region (lake, orange, osceola, and seminole counties and their respective municipalities) that is decent and affordable and that is controlled by the residents on a long-term basis.”.
- The non-profit has complied with legal obligations by reporting their state of operation as FL.
- The non-profit's form for 2020 reports a total of 2 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$320,314.
- The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
- The organization has 8 independent voting members.
- The organization was formed in 2004.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $73,041 in salary, compensation, and benefits to its employees.
- The organization pays $222 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.